Book description
Practical option strategies for the new post-crisis financial market
Traditional buy-and-hold investing has been seriously challenged in the wake of the recent financial crisis. With economic and market uncertainty at a very high level, options are still the most effective tool available for managing volatility and downside risk, yet they remain widely underutilized by individuals and investment managers. In Options for Volatile Markets, Richard Lehman and Lawrence McMillan provide you with specific strategies to lower portfolio volatility, bulletproof your portfolio against any catastrophe, and tailor your investments to the precise level of risk you are comfortable with.
While the core strategy of this new edition remains covered call writing, the authors expand into more comprehensive option strategies that offer deeper downside protection or even allow investors to capitalize on market or individual stock volatility. In addition, they discuss new offerings like weekly expirations and options on ETFs. For investors who are looking to capitalize on global investment opportunities but are fearful of lurking "black swans", this book shows how ETFs and options can be utilized to construct portfolios that are continuously protected against unforeseen calamities.
A complete guide to the increased control and lowered risk covered call writing offers active investors and traders
Addresses the changing investment environment and how to use options to succeed within it
Explains how to use options with exchange-traded funds
Understanding options is now more important than ever, and with Options for Volatile Markets as your guide, you'll quickly learn how to use them to protect your portfolio as well as improve its overall performance.
Table of contents
- Cover Page
- Title Page
- Copyright
- Dedication
- Contents
- Preface
- Introduction: The “New Normal” in Equity Investing
- Chapter 1: Option Basics
- Chapter 2: Option Pricing and Valuation
- Chapter 3: The Basics of Covered Call Writing
- Chapter 4: Implementing Covered Call Writing
- Chapter 5: Advanced Call-Writing Techniques
- Chapter 6: Basic Put Hedging
- Chapter 7: Advanced Hedging Strategies
- Chapter 8: Options on ETFs
- Chapter 9: Volatility and Volatility Derivatives
- Acknowledgments
- About the Authors
- Index
Product information
- Title: Options for Volatile Markets: Managing Volatility and Protecting Against Catastrophic Risk, Second Edition
- Author(s):
- Release date: August 2011
- Publisher(s): Bloomberg Press
- ISBN: 9781118022269
You might also like
book
The Volatility Edge in Options Trading: New Technical Strategies for Investing in Unstable Markets
“Jeff’s analysis is unique, at least among academic derivatives textbooks. I would definitely use this material …
book
Trading Options in Turbulent Markets: Master Uncertainty through Active Volatility Management, 2nd Edition
Top options expert Larry Shover returns to discuss how to interpret, and profit from, market volatility …
book
Volatile Markets Made Easy: Trading Stocks and Options for Increased Profits
Markets are more volatile than ever. That terrifies many investors, but it shouldn’t terrify you. Smart …
book
Trading Options in Turbulent Markets: Master Uncertainty through Active Volatility Management
Praise for Trading Options inTurbulent Markets "Of the five basic variables that drive option pricing models, …